4712 12TH AVE S MINNEAPOLIS MN 55407

PID: 1402824210008

Property Overview

Parcel ID1402824210008

Lot Size6,182 sq ft (0.142 ac)

Lot Dimensions (est.)123 ft wide × 50 ft deep

Year Built1937

Property ClassRESIDENTIAL

OwnerD D BRAUER & K L STERLING

Assessed Value$623,000

Land Value$216,000

Building Value$407,000

Annual Tax$10,038

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2017 · $15K total declared value · Most recent: Sep 2024 (misc)

MiscSep 2024Closed

$15K

Exceptional Exteriors LLC

ResJan 2017Closed

CENTERPOINT ENERGY

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Northrop · Minneapolis

Median reported rent1,090/mo

Renter-occupied19.0%

Median home value$334K

Vacancy rate0.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 110

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth84 ft

Area~3,344 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 3,344 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4708 12TH AVE S MINNEAPOLIS MN 55407	MICHAEL R KUNZ/KAREN R KUNZ	RESIDENTIAL	$460,200	50 ft
4716 12TH AVE S MINNEAPOLIS MN 55407	BARBARA BATTISTE	RESIDENTIAL	$546,900	50 ft
4704 12TH AVE S MINNEAPOLIS MN 55407	S KRUPELAK & J KRUPELAK	RESIDENTIAL	$513,500	100 ft
4720 12TH AVE S MINNEAPOLIS MN 55407	V JOHNSON & J JOHNSON	RESIDENTIAL	$548,100	100 ft
4715 11TH AVE S MINNEAPOLIS MN 55407	C B BELZ & J B BELZ	RESIDENTIAL	$376,500	137 ft
4717 11TH AVE S MINNEAPOLIS MN 55407	J C POST/C C IRMITER-POST TR	RESIDENTIAL	$618,500	146 ft
4709 11TH AVE S MINNEAPOLIS MN 55407	D & L HAUGE	RESIDENTIAL	$451,200	146 ft
4700 12TH AVE S MINNEAPOLIS MN 55407	ISAAC MARSOLEK	RESIDENTIAL	$539,100	150 ft
4724 12TH AVE S MINNEAPOLIS MN 55407	B J STEVENS & J B DAHLBERG	RESIDENTIAL	$563,800	150 ft
4721 11TH AVE S MINNEAPOLIS MN 55407	S JOHNSON & F JOHNSON	RESIDENTIAL	$565,600	170 ft

Property History

Most Recent Sale

Date201006

Price$410,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,038